As the international construction market becomes more globalised and competition for untapped markets increase, Africa especially East Africa has seen extensive influx of foreign capital. Increasingly firms are taking advantage of the lucrative potential of a continent that is still largely lacking access to basic infrastructure, to build adequate transport networks, water supply, functional power grids and formal housing for its growing population. A recent report by Deloitte.... Read more »
Posted on : Wednesday , 3rd February 2016
A five point plan to help tackle Africa’s infrastructure gap is among the findings of a new DP World report unveiled at the Africa Global Business Forum.
Posted on : Tuesday , 2nd February 2016
Addis Pharmaceutical Factory (APF) signed a 42 million dollar partnership agreement with 54 Capital Ltd., a UK-based asset management equity firm, which has investments in different countries in Africa.
Posted on : Tuesday , 2nd February 2016
Diversified Qatari real estate firm Ezdan Holding Group has announced its interest to enter the Ethiopian market with a proposed mega tourist project in Ethiopia. The proposed 150,000m² resort construction project will features a high-quality technical specifications in terms of facilities and services which will contribute in raising the quality of real estate products available in the Ethiopian market.
Posted on : Tuesday , 2nd February 2016
The word ‘economy’ has connotations of big business, office-based industry and online-based markets
Posted on : Monday , 1st February 2016
In a bid to transform Bangamoyo, Tanzania into a regional trade and logistics hub, the Tanzanian government has secured investments totalling $10 billion to build a mega-port, according to Tuscor Lloyds.
Posted on : Monday , 1st February 2016
Kenya’s import orientation has revealed key flaws. One clear problem is having a chronic and substantial current account deficit.
Posted on : Monday , 1st February 2016
A multi-million satellite complex Tatu City in Kenya , has announced that it had appointed US-based firm Power Engineers Inc to plan on power infrastructure for use within the industrial complex.
Posted on : Saturday , 30th January 2016
Construction firm Murray and Roberts has announced that its subsidiaries, Clough and CH-IV International have secured contracts for projects in the oil and gas sectors in South Korea and the US.
Posted on : Saturday , 30th January 2016
Djibouti’s president has signed an agreement with China to set up a trade zone and establish legal framework to let Chinese banks operate in the country, according to a Reuters report
Posted on : Friday , 29th January 2016
Djibouti’s president has signed an agreement with China to set up a trade zone and establish legal framework to let Chinese banks operate in the country, according to a Reuters report
Posted on : Friday , 29th January 2016
An international power firm has announced plans to construct a 10 MW solar plant in Gambia a move that will boost electricity supply in the country. Emerging Power Ghana Limited has already signed a 25-year power purchase deal with Gambia’s National Water & Electricity Company (NAWEC).
Posted on : Friday , 29th January 2016
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